Angel Oak Ultrashort Etf Technical Analysis
| UYLD Etf | USD 51.17 0.04 0.08% |
As of the 21st of November, Angel Oak shows the mean deviation of 0.0321, and Risk Adjusted Performance of 0.1967. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Angel Oak, as well as the relationship between them. Please confirm Angel Oak Ultrashort jensen alpha, as well as the relationship between the potential upside and skewness to decide if Angel Oak Ultrashort is priced correctly, providing market reflects its regular price of 51.17 per share.
Angel Oak Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Angel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AngelAngel |
Angel Oak technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Angel Oak Ultrashort Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Angel Oak Ultrashort volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Angel Oak Ultrashort Trend Analysis
Use this graph to draw trend lines for Angel Oak Ultrashort. You can use it to identify possible trend reversals for Angel Oak as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Angel Oak price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Angel Oak Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Angel Oak Ultrashort applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Angel Oak Ultrashort will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.88, which is the sum of squared deviations for the predicted Angel Oak price change compared to its average price change.About Angel Oak Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Angel Oak Ultrashort on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Angel Oak Ultrashort based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Angel Oak Ultrashort price pattern first instead of the macroeconomic environment surrounding Angel Oak Ultrashort. By analyzing Angel Oak's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Angel Oak's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Angel Oak specific price patterns or momentum indicators. Please read more on our technical analysis page.
Angel Oak November 21, 2024 Technical Indicators
Most technical analysis of Angel help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Angel from various momentum indicators to cycle indicators. When you analyze Angel charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1967 | |||
| Market Risk Adjusted Performance | 8.83 | |||
| Mean Deviation | 0.0321 | |||
| Downside Deviation | 0.0421 | |||
| Coefficient Of Variation | 207.4 | |||
| Standard Deviation | 0.0427 | |||
| Variance | 0.0018 | |||
| Information Ratio | (1.75) | |||
| Jensen Alpha | 0.0105 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | (1.78) | |||
| Treynor Ratio | 8.82 | |||
| Maximum Drawdown | 0.2162 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.0792 | |||
| Downside Variance | 0.0018 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.05) | |||
| Skewness | (0.03) | |||
| Kurtosis | 0.5714 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Angel Oak Ultrashort. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Angel Oak Ultrashort is measured differently than its book value, which is the value of Angel that is recorded on the company's balance sheet. Investors also form their own opinion of Angel Oak's value that differs from its market value or its book value, called intrinsic value, which is Angel Oak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Angel Oak's market value can be influenced by many factors that don't directly affect Angel Oak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Angel Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Angel Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Angel Oak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.